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California Public Utilities Code

§ 857

PUC § 857 Effective Jan 1, 2010Div. 1 · Part 1 · Ch. 4 · Art. 6
(a)A public utility that owns real property acquired for purposes of obtaining a utility right-of-way, may lease that property to a governmental entity for purposes of a public park, if the utility retains the use of the right-of-way for public utility purposes.
(b)In determining whether a lease of real property to a governmental entity for park purposes is for fair value, the commission shall include the community benefits of parks and open space as a benefit to ratepayers.
(c)As used in this section, “community benefits” include, but are not limited to, improving public health, protecting the environment, and increasing recreational assets.

Legislative history

Added by Stats. 2009, Ch. 448, Sec. 1. (AB 521) Effective January 1, 2010.

Source: California Public Utilities Code § 857 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.